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WHTop → 📋 News → Evroc Secures 50M to Advance Europes Cloud and AI Independence
Evroc Secures 50M to Advance Europes Cloud and AI Independence
📅 - Evroc, a company from Sweden building hyperscale cloudand critical AI infrastructure across Europe, has secured over 50 million in one of the continent's largest Series A funding rounds in the technology sector. This investment, completed in 2024, would represent one of the biggest Series A transaction in the Nordic technology industry, underscoring the growing momentum behind independent European hyperscale cloud and artificial intelligence (AI) infrastructure.
The funding would accelerate key milestones for Evroc in what is set to be a transformative year for the company. Among its major initiatives, Evroc plans to open an AI factory in Mougins, France, and has secured land in [...][... Check source for end of article ...]
📅 - Akamai and VAST Data Partner to Advance Edge AI Inference - Akamai Technologies, global provider of cybersecurity and cloud computing, has partnered with AI data platform startup VAST Data to enhance the efficiency and speed of data-intensive AI inferencing. This collaboration aims to integrate VAST Datas approach to AI computing with Akamais vast distributed cloud platform, addressing the growing need for improved local response times and data localization for large-scale, distributed inference applications.
AI inference, unlike AI training, must operate in real-time, often with ultra-low latency, making scalability, cost, and latency key barriers to adoption. While many cloud service providers support centralized AI training, few offer inference [...]
📅 - Ampere Computing to Be Acquired by SoftBank Group for $6.5B - In a $6.5 billion all-cash deal, SoftBank Group will buy Ampere Computing, a well-known independent semiconductor design firm. Under the terms of the agreement, Ampere will operate as a wholly owned subsidiary of SoftBank Group and retain its name.
Ampere's primary investors, Oracle (NYSE: ORCL) and Carlyle (NASDAQ: CG), are selling their stakes in the company as part of the deal.
The acquisition would enable SoftBank Group expand its investments in AI infrastructure in businesses like Stargate and Cristal Intelligence, strengthening its core competencies and propelling its expansion plans.
"Advanced computing power is necessary for the future of artificial super intelligence," said [...]
📅 - AI Demand Pushes Server and Storage Revenues to $244B in 2024 - Global demand for AI-powered computing infrastructure has pushed server and storage component revenues to an all-time high of $244 billion in 2024, according to a recent report by the DellOro Group. The surge has been driven by growing investments in GPUs, custom accelerators, high-bandwidth memory (HBM), and storage solutions optimized for AI workloads.
Additionally, the recovery of the general-purpose server market, fueled by increasing memory and storage demand and improved pricing, has further contributed to the growth.
NVIDIAs Hopper and late-2024 Blackwell platforms played a significant role in shaping market trends. However, AMDs Instinct platform has also gained traction, [...]
📅 - Amazon Braket Adds IonQs 36-Qubit Forte Enterprise to Quantum Lineup - Amazon Web Services (AWS) has expanded its quantum computing offerings with the addition of IonQs latest 36-qubitquantum processing unit (QPU), Forte Enterprise. Now available in the US East (N. Virginia) region via Amazon Braket, this new device brings enhanced capacity for running advanced quantum workloads on ion-trap-based systems.
Forte Enterprise joins IonQs existing lineup of quantum hardware on Amazon Braket, including Forte-1, Aria-1, and Aria-2. The newly added device retains compatibility with the established Braket software development kit (SDK) and APIs, allowing users to transition smoothly from Forte-1 while leveraging familiar tools. IonQs proprietary error mitigation [...]
📅 - Mirantis and Gcore Partner to Simplify AI Infrastructure - Global CDN provider Gcore, delivering edge AI, cloud, networking, and security services, has announced a strategic partnership with Mirantis, a provider of open-source cloud infrastructure, to address the growing complexity of deploying artificial intelligence (AI) workloads at scale.
The collaboration aims to streamline global AI inference by integrating Gcores Everywhere Inference solution with Mirantis newly launched k0rdent open-source platform.
As enterprise demand for AI-driven capabilities continues to grow, infrastructure requirements have become more distributed and complex. Through this partnership, Gcore and Mirantis seek to offer a more efficient path forward for [...]
NorthC Group has officially opened its newestcolocation data center in Winterthur, Switzerland, marking a significant step in the companys broader international expansion strategy. This is NorthC's fourth facility in Switzerland, joining existing locations in Biel and Mnchenstein, and it reinforces the companys commitment to offering secure, regional data infrastructure with global connectivity.
The Winterthur colocation facility spans approximately 1,100 square meters and is strategically situated near the citys Turm Area. It offers direct access to major connectivity [...]
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